Staley puts neck on the line in Barclays reshuffle

Barclays said on March 27 that the top boss of Barclays International and Barclays Bank Plc, Tim Throsby, had decided to leave as part of wider changes at the lender.

The lender said its investment banking division would be managed as three distinct but connected units - Global Banking, Global Markets, and the Corporate Bank. The head of each of the three units will report to Barclays Chief Executive Jes Staley. Ashok Vaswani, currently CEO of Barclays UK, will take on a newly-created group role of Global Head of Consumer Banking & Payments, and will report to Staley.

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